AMD to acquire AI research firm World Lab in $8.2 billion deal

AMD will acquire AI startup World Labs, founded by Fei-Fei Li, for $8.2 billion in an all-stock deal. The transaction, pending regulatory approval, is expected to close by year-end. AMD aims to strengthen its AI capabilities and research team.

OpenAI halted advanced AI training due to safety concerns, causing premarket drops in AI chipmaker stocks. AMD fell 2.5%, Intel 3%, Nvidia and Broadcom 1%. Memory chip suppliers also declined amid broader market pressure.

Advanced Micro Devices (AMD) acquired World Labs, an AI firm founded by Fei-Fei Li, for $8.2 billion. Li, known as the 'Godmother of AI,' will become AMD's chief scientist. World Labs focuses on spatial intelligence and world models, with applications in robotics and virtual simulations. AMD recently reached a $1 trillion valuation due to AI investment boom.

AMD will acquire World Labs for $8.2B in an all-stock deal, expected to close by 2026. The AI research firm, led by Dr. Fei-Fei Li, will join AMD to advance AI compute and spatial intelligence. AMD aims to integrate AI model research with hardware development, influencing future tech roadmaps. Dr. Li will become AMD's EVP and Chief Scientist.

AMD to acquire AI startup World Labs, founded by Stanford professor Fei-Fei Li, for $8.2B. World Labs specializes in AI models for robotics and gaming. AMD aims to expand its AI ecosystem, competing with Nvidia. The deal is expected to close by year-end, with Li joining AMD as SVP and Chief Scientist.

AMD agreed to acquire AI startup World Labs in an $8.2 billion all-stock deal, gaining access to AI researchers led by Fei-Fei Li. The acquisition aims to strengthen AMD's AI capabilities, competing with Nvidia in AI accelerators and data center infrastructure. The deal is expected to close by year-end, subject to regulatory approval.